{"id":124342,"date":"2021-12-24T01:08:16","date_gmt":"2021-12-24T01:08:16","guid":{"rendered":"https:\/\/fin2me.com\/?p=124342"},"modified":"2021-12-24T01:08:16","modified_gmt":"2021-12-24T01:08:16","slug":"jared-kushner-investment-firm-affinity-raises-3-billion-in-committed-funding","status":"publish","type":"post","link":"https:\/\/fin2me.com\/politics\/jared-kushner-investment-firm-affinity-raises-3-billion-in-committed-funding\/","title":{"rendered":"Jared Kushner investment firm Affinity raises $3 billion in committed funding"},"content":{"rendered":"
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Jared Kushner's global investment firm, Affinity Partners, has raised more than $3 billion in committed funding from international investors, a person familiar with the fund-raising effort told Reuters on Thursday.<\/p>\n
Kushner, a former top aide to former President Donald Trump who is married to his daughter, Ivanka, formed the Miami-based Affinity Partners last summer after deciding to step away from politics, and began raising money in the fall.<\/p>\n
Kushner plans to invest in American and Israeli companies that are looking for international expansion opportunities in India, Africa, the Middle East and other parts of Asia.<\/p>\n
Kushner's firm has received commitments of more than $3 billion, the source said, adding that he expects to continue fund-raising efforts for the next few months to close these and add potential additional commitments.<\/p>\n
IVANKA TRUMP, JARED KUSHNER SAW INCOME DROP MORE THAN 20% OVER PAST YEAR: REPORT<\/u><\/strong><\/p>\n Information on specific investors was not disclosed, but Affinity was targeting American institutions and foreign investment institutions, including sovereign wealth funds and high net worth individuals.<\/p>\n Affinity is hoping to close its first deal in the first quarter of 2022, the source said.<\/p>\n